The bill amends Section 67-9803 of the Idaho Code, which pertains to the Idaho Constitutional Money Act of 2025. The amendment introduces a new provision that mandates Idaho courts to require specific performance in cases where a valid contract designates a specific type or form of specie as tender. This means that if a contract explicitly states a particular form of gold or silver as payment, the court must enforce the contract by compelling the parties to fulfill that specific requirement in the event of a breach.
Additionally, the bill redesignates the section number from 67-9803 to 67-9903 and declares an emergency, making the act effective immediately on July 1, 2026. The changes aim to clarify the legal standing of specie in contracts and ensure that parties adhere to their agreements regarding the tendering of specified forms of currency.